It occurs to me that I write a lot of words. It also occurs to me that important ideas can get lost in all those words. This little update wants…
Very simply, if the party is going to include the more speculative inflation-sensitive stuff (remember, Fed hawk relief can also temporarily aid the inflation trades that got hammered due to…
If we are resuming the Q4-Q1 broad rally theme (and it looks that way) in the face of the US dollar in correction, then the Emerging Markets are a prime…
Just a quick end of day snapshot of the HUI/Gold ratio. The gold stock world could end tomorrow. But it sure did not end today.
I know a lot of subscribers read Tom McClellan, an analyst/newsletter writer who looks for market clues in market correlations and relationships, much like your letter writer does. In his…
A little micromanagement of the gold stock sector since a) it's the favored sector for 2023 and b) it has tentatively taken out important resistance that we've identified as a…
The move being the pullback in long-term yields this morning, which would be in line with our view of disinflation and a pivot toward the favored counter-cyclical 2023 view as…
I am not one to short very often. But I don't care for Energy and I don't care for alternative energy either. Not at the moment. This is no recommendation…
With respect to the US indexes noted in yesterday's update, the gaps have been filled, the market took the cue, bounced but then flopped today. However, as noted previously, unless…
With respect to the recent analysis noting the downside gaps that could fill in the short-term (before any resumption of the relief party, if applicable this year) here are daily…
Gold is having a normal disturbance at the SMA 200 and associated resistance. What would make gold less normal (to an ongoing short-term rally) is a drop below support at…
It's FOMC week, the eggheads have dispersed to their private offices and now into the void comes man, machine, black box and casino patron of all stripes. FOMC week; it…
Any single indicator can fail to work at any time. It's why we use many of them to gain the weight of the evidence. But Commercial hedger positions in the…
Using GLD and various ETFs, let's update some daily chart gold ratios. Gold/US Stock market is attempting another leg upward. Gold/Global Stocks is on an extended down leg I assume…